Transurban Return On Asset vs. Total Debt
| TRAUF Stock | USD 8.41 0.39 4.86% |
For Transurban profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Transurban to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Transurban Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Transurban's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Transurban Group over time as well as its relative position and ranking within its peers.
Transurban |
Transurban Group Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Transurban's current stock value. Our valuation model uses many indicators to compare Transurban value to that of its competitors to determine the firm's financial worth. Transurban Group is currently regarded as top stock in return on asset category among its peers. It also is currently regarded number one company in total debt category among its peers making up about 1,135,616,438,356 of Total Debt per Return On Asset. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Transurban's earnings, one of the primary drivers of an investment's value.Transurban Total Debt vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Transurban |
| = | 0.0146 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Transurban |
| = | 16.58 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Transurban Total Debt vs Competition
Transurban Group is currently regarded number one company in total debt category among its peers. Total debt of Infrastructure Operations industry is at this time estimated at about 18.5 Billion. Transurban totals roughly 16.58 Billion in total debt claiming about 90% of equities under Infrastructure Operations industry.
Transurban Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Transurban, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Transurban will eventually generate negative long term returns. The profitability progress is the general direction of Transurban's change in net profit over the period of time. It can combine multiple indicators of Transurban, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Transurban Group develops, operates, manages, and maintains toll road networks. It operates 21 toll roads in Sydney, Melbourne, and Brisbane in Australia the Greater Washington area, the United States and Montreal, North America. Transurban operates under Infrastructure Operations classification in the United States and is traded on OTC Exchange. It employs 3600 people.
Transurban Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Transurban. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Transurban position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Transurban's important profitability drivers and their relationship over time.
Use Transurban in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Transurban position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Transurban will appreciate offsetting losses from the drop in the long position's value.Transurban Pair Trading
Transurban Group Pair Trading Analysis
The ability to find closely correlated positions to Transurban could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Transurban when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Transurban - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Transurban Group to buy it.
The correlation of Transurban is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Transurban moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Transurban Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Transurban can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Transurban position
In addition to having Transurban in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Government Funds Thematic Idea Now
Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Government Funds Theme or any other thematic opportunities.
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Other Information on Investing in Transurban Pink Sheet
To fully project Transurban's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Transurban Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Transurban's income statement, its balance sheet, and the statement of cash flows.